v3.21.2
Accounts Receivable, Net
 3 Months Ended
Sep. 30, 2021
Credit Loss, Additional Improvements [Abstract]  
ACCOUNTS RECEIVABLE, NET

Note 4. ACCOUNTS RECEIVABLE, NET

 

The Company’s net accounts receivable are as follows:

 

   September 30,   June 30, 
   2021   2021 
Trade accounts receivable  $3,530,750   $3,589,011 
Less: allowances for doubtful accounts   (3,478,418)   (3,475,769)
Accounts receivable, net  $52,332   $113,242 

 

Movement of allowance for doubtful accounts are as follows:

 

   September 30,   June 30, 
   2021   2021 
Beginning balance  $3,475,769   $2,297,491 
Provision for doubtful accounts, net of recovery   
-
    1,030,895 
Less: write-off   
-
    
-
 
Exchange rate effect   2,649    147,383 
Ending balance  $3,478,418   $3,475,769 

  

For the three months ended September 30, 2021 and 2020, the provision for doubtful accounts was nil and $30,757, respectively. The Company recovered nil and $2,404 of accounts receivable for the three months ended September 30, 2021 and 2020, respectively.